Northwest Pipe Company (Nasdaq: NWPX), the country’s leading producer of engineered welded steel pressure pipe products for the water transmission market, announced today it has sold its Houston real property for a gross purchase price of $7.1 million in cash. The transaction closed on August 17, 2018. “The proceeds from this sale will assist us in meeting the increased working capital requirements of the Company as our business continues to improve,” said Scott Mo

Century Aluminum, America's largest primary aluminum producer, today announced the ceremonial restart of its smelter in Hawesville, Kentucky, that will return the facility to full capacity, create nearly 300 new American jobs by early next year and result in the investment of more than $150 million in the local economy. Today's ceremony marked the return to full production of the first of three production lines to be restarted at the smelter, which has already hired more than 125 new

Researched by Industrial Info Resources (Sugar Land, Texas)--Plants, factories and other facilities in the U.S. Metals & Minerals Industry need regular maintenance to address the wear-and-tear from heavy-duty work. Industrial Info is tracking more than $913 million worth of active maintenance projects in the U.S. Metals & Minerals Industry that have kicked off, or are expected to kick off, this year, with the steel-manufacturing sector accounting for nearly half of the total investmen

Aluminum is a lightweight, easily machinable metal with good thermal and electrical conductivity. However, aluminum also has several drawbacks. It quickly oxidizes and wears rapidly. Because Aluminum is relatively soft, it is susceptible to dings, scratches, and galling. Adding a protective coating is one means of overcoming the negative aspects of aluminum, although each coating option comes with its own consequences. The options for coating Aluminum include: 1) Anodizing 2)

In September 2017, Gränges AB announced plans to form a joint venture with Mitsubishi Aluminum Co., Ltd in North America for manufacturing of advanced aluminium materials for brazed automotive heat exchangers. Gränges has decided to halt the plans for a joint venture in North America, as the project isn’t sufficiently attractive for Gränges from a risk-reward perspective given the current circumstances. Gränges and Mitsubishi will however continue t

The U.S. Department of Commerce (Commerce) announced the final decision in its antidumping and countervailing duty investigations into stainless steel flanges from India, imposing combined antidumping and countervailing duties of approximately 24% to 401.41% on Indian flanges. The decision can be found here. On August 16, 2017, the Coalition of American Flange Producers, an ad hoc association of U.S. producers of stainless steel flanges, filed petitions with Commerce and the U.S. In

Russel Metals Inc. announces that it has declared a dividend in the amount of Cdn$0.38 per share on its common shares, payable on September 14, 2018 to shareholders of record at the close of business on August 27, 2018. About Russel Metals Russel Metals is one of the largest metals distribution and processing companies in North America. It carries on business in three metals distribution segments: metals service centers, energy products and steel distribut

The board of directors of TimkenSteel Corporation (NYSE: TMST, timkensteel.com), appointed Marvin Riley, chief operating officer of EnPro Industries, as a new independent director. Eleven directors now serve on the TimkenSteel board. "Marvin has been a leader in the automotive, energy and industrial industries and brings to the board valuable manufacturing and supply-chain insights," said Tim Timken, chairman, CEO and president of TimkenSteel. "In his current role, he

GrafTech International Ltd  today announced the pricing of a secondary offering of its common stock, which was upsized from 20,000,000 shares to 23,000,000 shares. The shares have been offered by the majority stockholder, an affiliate of Brookfield Business Partners LP, a publicly listed business services and industrials company of Brookfield Asset Management Inc., at a price to the public of $20.00 per share. The offering is expected to close on August 13, 2018, subject to customary clo

Nippon Steel & Sumitomo Metal Corporation (NSSMC) and PT Krakatau Steel established the joint- venture company PT KRAKATAU NIPPON STEEL SUMIKIN (KNSS) in the Republic of Indonesia for the manufacture and sale of automotive flat steel products, and it started commercial production in July 2017. On August 7, 2018, an opening ceremony was held at the local plant site. It was attended by representatives from the Indonesian government and the Japanese government as well as customers.